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The long run total cost function for a firm producing skateboard is TC=q^3_20q^2+440q where q is the number of skateboard per week. 1.This firm is
The long run total cost function for a firm producing skateboard is TC=q^3_20q^2+440q where q is the number of skateboard per week.
1."This firm is producing goods in the long run".Discuss
2.what is the optimal long run production level for this firm?
3.How much is the average cost for this firm
4.what is the marginal cost function?
5.At what output level does MC intersect AC
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